USA Payment Solutions Announces “Interchange Only” Pricing Strategy

Wholesale plus pricing strategy allows business to reduce merchant processing fees while still enjoying world class customer service.

Marietta, GA, November 05, 2010 --( USA Payment Solutions announced today that the company will pursue an “Interchange Only” pricing strategy with both new business customers and existing clients.

USA Payment Solutions, a lead provider of merchant processing solutions in the United States, began embracing the Interchange pricing model as early as 2007, conducting multiple field trials with hundreds of merchant clients. While “Interchange Plus” pricing may be more difficult for some merchants to initially grasp, the data clearly shows that businesses will save between 15-30% over the “three tier” pricing models that have been used so prevalently in the past by merchant processors.

“USA Payment Solutions is very excited to be one of, if not the first, merchant services providers to declare the three-tiered pricing system archaic, and move to a new solution,” said Laurie Henry, the President of USAPS. “While understanding Interchange plus pricing may be a little cumbersome for some of our clients, the bottom line doesn’t lie. We are reducing operating costs for businesses, and doing that has never been more important.”

“Interchange” is the wholesale cost to a merchant processor for completing an electronic payment transaction. Due to the prevalence of merchant-funded rewards programs, corporate credit cards, and government credit cards, Payment companies used the three tiered model to ensure that they always had rates high enough to cover the associated costs. “This is exactly why we’re moving to Interchange Plus pricing,” said Mark Henry, Vice President of Sales for USAPS. “While 3-tiered pricing may be easier to understand by a salesperson or a client, that ease of understanding comes with a huge price tag. This move fits our business philosophy perfectly…give merchants the best possible rate the first time, and though we make less per merchant, we keep them for life by providing superior service.”

About USA Payment Solutions

USA Payment Solutions is a leading provider of merchant processing services nationwide. The company deploys payment solutions including credit card terminals, Restaurant and Retail POS systems, E-commerce solutions, virtual terminals, gift card programs, merchant cash advances, integrated electronic cash registers and more. For more information on USA Payment Solutions, please see

USA Payment Solutions
Laurie Henry